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RMB Mendon Financial Services Fund Class C (RMBNX)

38.84
Net Asset Value
+0.57%
1 Day
+1.36%
Year-to-Date
Overall Morningstar Rating
Financial
Style or Category
No Load
Sales Expenses
2.16%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund pursues its investment objective by investing at least 80% of its net assets (including borrowing, if any) in stocks of U.S. companies that are in the financial services sector. It may invest in companies of any size, but, under normal conditions, the fund invests primarily in mid, small and micro capitalization financial services companies. The advisor intends to remain fully invested with only minimal investments in cash, or short-term debt instruments or money market funds.

Performance

1 month+1.33% 3 years+18.19%
3 months+2.64% 5 years+20.50%
1 year+38.81% Since inception+8.51%
Data through --

Peer Comparisonvs. Financial

 RMBNXCategory
Performance 5-yr return+20.50%+12.69%
Expense ratio2.16%1.76%
Risk 5 year sharpe ratio1.481.07
Net assets$545.7M$418.9M
Average market cap$954.9M$35.8B
Average P/E22.015.3
Portfolio turnover71%71%

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Fund Management and Purchase Info

Fund familyRMB Funds
Fund manager & tenureAnton Schutz / 17 Years
Minimal initial investment$2,500.00
Minimum IRA investment$100.00

Holdings

U.S. stock96.82%
Cash2.62%
International stock1.22%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 100.00%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
-- 5.89%
FBK FB Financial Corp3.82%
PSTB Park Sterling Corp3.77%
IBKC IBERIABANK Corp3.45%
FBNC First Bancorp3.08%
SBCF Seacoast Banking Corporation of Florida3.08%
OCFC OceanFirst Financial Corp2.88%
ACBI Atlantic Capital Bancshares Inc2.78%
OPB Opus Bank2.42%
EQBK Equity Bancshares Inc2.40%